Actually, jstuw8t (or whatever your given name might be) I think the execs deserve every penny of their bonuses. They created the first effective smallpox vaccine, sold it to the government on a very lucrative basis, have successfully avoided paying anything to PIP, and pulled off a positively brilliant strategic maneuver by declaring an artfully conceived bankruptcy that allows them to continue in business and accumulate money for their shareowners. Not a bad record. At the risk of repeating myself, they deserve every penny!

I strongly suspect that he is right this time, innsbrooklad. He isn't the only insider buying. I think we'll see a significant announcement sometime during or soon after Chinese New Year. Things are definitely happening.

If things are as negative as you seem to think they are, I think we'd be selling for .60 or less (I believe that's the approximate low for the past couple of years) I'm still holding out hope that we'll get some tangible good news - something other than smoke and feasibility studies. I believe this not from any inside information, but rather from the interesting behavior of the stock - it seem to be being propped up a critical moments in the trading day.

Mr. Rigdon will obviously be under a great deal of pressure to make one or more positive announcements sometime between now and the conclusion of next Thursday's conference call. Any thoughts on when, how many and the subject of these announcements might be?

I agree with you, fuel, that this particular trade is not indicative of manipulation but the more interesting thing is how this relatively large trade (for this stock) was made with so few ripples in an otherwise quiet trading environment. It might suggest that there is a large buyer out there who is quietly picking up blocks of SYMX stock that are coming onto the market from weaker hands. I'll admit that this is an optimistic interpretation of what happened but from the looks of what's been happening lately it seems to me to be a reasonable conclusion. Any thoughts....?

I partially agree with you, fuel_cell - it could go lower and the stock is definitely a speculation: however, with the recent announcements, I believe the potential up side is significant - well beyond a double or triple. For sure, I'm not the only one who sees that potential and I definitely will add a large number of shares if the price drops too much further. I suspect that at those possible lower prices I'll have plenty of completion for the shares.

All that said, I think your comments are well made and I would like to hear some other comments about them.

I agree with you that China would not be above driving SYMX into bankruptcy and stealing their technology if they could do that easily - I believe, however, the Chinese are smart enough to know that that is not an outcome that GE would tolerate and that China's interests are much better served in this case by having GE as a friend rather than any enemy.

Your point is well made, drod, the management's record is something less than stellar.

That said, you'll have to admit that you consistently see the negative side of things. While management has been far from perfect, they did develop the product in the first place, there is still plenty of money due to come in as the contract matures, and there is the very real prospect of several future contracts. All that together with the fact that they have not, so far, paid PIP a cent is a good. Not a perfect record of course, but not entirely a bad one.

Your consistent trumping of the negative suggests two things - either you have a personality disorder of some sort or you have an ulterior motive. My question to you is, which is it?

Trending Tickers

i

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.

Yahoo! Finance Worldwide

Quotes are real-time for NASDAQ, NYSE, and NYSEAmex when available. See also delay times for other exchanges. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.